Noble Financial Reiterates “Buy” Rating for VanEck Vectors AMT-Free Long Muni ETF (MLN)

VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN)‘s stock had its “buy” rating reiterated by stock analysts at Noble Financial in a note issued to investors on Friday.

Shares of VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA MLN) traded up $0.09 on Friday, reaching $20.11. The company had a trading volume of 163,800 shares, compared to its average volume of 49,467. VanEck Vectors AMT-Free Long Muni ETF has a 52-week low of $18.66 and a 52-week high of $20.35.

An institutional investor recently raised its position in VanEck Vectors AMT-Free Long Muni ETF stock. Jane Street Group LLC boosted its position in shares of VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) by 31.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,364 shares of the company’s stock after buying an additional 25,877 shares during the quarter. Jane Street Group LLC owned 1.26% of VanEck Vectors AMT-Free Long Muni ETF worth $2,144,000 at the end of the most recent quarter.

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VanEck Vectors AMT-Free Long Muni ETF Company Profile

Market Vectors Long Municipal Index ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Long Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.

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